U.S. Energy (NASDAQ:USEG) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note published on Monday morning. The firm issued a sell rating on the energy company’s stock.

U.S. Energy Stock Performance

NASDAQ USEG opened at $1.06 on Monday. U.S. Energy has a fifty-two week low of $0.83 and a fifty-two week high of $1.76. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 0.51. The business’s 50 day moving average price is $1.07 and its 200-day moving average price is $1.09. The company has a market cap of $26.81 million, a P/E ratio of -0.66 and a beta of 0.45.

U.S. Energy (NASDAQ:USEG) last announced its earnings results on Thursday, May 9th. The energy company reported ($0.17) EPS for the quarter. U.S. Energy had a negative return on equity of 62.97% and a negative net margin of 138.09%. The firm had revenue of $5.39 million during the quarter.

Hedge Funds Weigh In On U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. grew its stake in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,494 shares of the energy company’s stock after purchasing an additional 17,772 shares during the period. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 3.00% of the stock is owned by hedge funds and other institutional investors.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.